Jim Cramer on GE Aerospace (GE): “I Truly Love GE Aerospace Right Here”

We recently published a list of Jim Cramer’s Thoughts on These 12 Stocks. In this article, we are going to take a look at where GE Aerospace (NYSE:GE) stands against other stocks that Jim Cramer discusses.

A caller inquired about GE Aerospace (NYSE:GE) during the episode. Cramer replied that he loves the stock here.

“GE Aerospace… is about as good as it gets. That guy from June of last year, he knew that GE Aerospace was good. That guy’s so smart. I gotta get him on the show… I truly love GE Aerospace right here.”

A technician in a power station monitoring the flow of energy generated by a gas turbine.

GE Aerospace (NYSE:GE) develops and services aircraft engines and related systems for both commercial and defense sectors. The company provides advanced propulsion technologies, maintenance solutions, and components for a wide range of aviation applications. During the Mad Money episode aired on April 22, Cramer had many positive things to say about the company:

“Let’s start with the best, GE Aerospace, because that’s the closest thing to a commercial aerospace pure play. It’s got the least defense exposure by far. Not coincidentally, it’s also the only one of these stocks that roared in response to earnings, jumping $10 and 83 cents. That’s more than 6%. Even though GE Aerospace posted a small revenue miss, they gave you a monster 22 cents earnings beat off a dollar 27 basis. Management said the total orders grew 12% in the quarter. That’s really good. Company reiterated its entire full-year forecast. Now, look, in normal environment, merely reiterating your outlook after such a big earnings beat would be, considered to be, let’s say, a big win but nothing that would make you go crazy about it but this time, it is huge. GE explicitly said that their outlook now includes the impact of the administration’s tariff policies, including less air travel.

Wow. Here’s how GE Aerospace Chairman, CEO Larry Culp put it, “The macroeconomic dynamics we are operating in today require us to take a number of strategic actions, such as controlling costs and leveraging available trade programs. Based on what we know today, these actions, along with our solid first quarter and commercial services backlog of over $140 billion, enabled us to maintain our full-year guidance.” Basically, GE held serve. They delivered a solid beat for the first quarter and found a way to reiterate their outlook, which was good enough to send the stock much higher.”

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Disclosure: None. This article is originally published at Insider Monkey.